34240 REDWOOD DAWN LN, Wesley Chapel, FL 33543
Don't WAIT to Build new? THIS one is READY for you!!! And presents as new, with beautiful upgrades and a conservation lot! Welcome home to this stunning 3 bedroom, 2 ½ bath townhome that has been meticulously maintained by its original owners! Step inside the lovely foyer to be greeted with 18” tile flooring that runs throughout the downstairs. High ceilings, lots of Natural Light and Beautiful Light fixtures are also features of this Gorgeous Townhome. The spacious Kitchen is a Chef’s Delight featuring beautiful light colored Granite Countertops with a large Island (so much space for prepping and entertaining), an oversized single basin sink (gives you the farmhouse feel) an upgraded Spring Neck Kitchen Faucet, and wait until you see the size of the walk-in pantry! Other amenities of the Kitchen include Espresso Maple Cabinetry, a beautiful herringbone backsplash, and Stainless Steel appliances. The Kitchen is Open to both a Large Dining area and Huge Living Room, wonderful for gathering with Family and Friends! A Covered porch is at the back of the home, and it backs to a conservation area so is very private. Upstairs you will find 3 large bedrooms, 2 baths, the Laundry area, and tons of closet space! The Master Bedroom features 2 large closets and an ensuite bath with dual sinks and a large shower. Bedroom 2 is such a unique size, with extra space that could be whatever you need, an office, den, nursery, art room, use your imagination! All the Bedrooms feature large closets, and there is also storage under the stairs, so no lack of storage here! There is a WATER SOFTENER included, the Builders are not including those, so you'll be another step ahead and not waiting to build! To top it all off, this townhome has a 1 Car Garage as well as an extra space (side by side) in the driveway, so 3 parking spaces all total for your personal use, and there is ample guest parking around the community. Summerstone is located in a great spot in Wesley Chapel, close to the Wiregrass Mall and Outlets, all of the new Medical facilities, tons of Restaurants and Entertainment Venues, Plus easy access to I-75, I-275, and I-4! Summerstone features a resort style community pool, park and playground. Schedule your private viewing today and live the Florida Lifestyle!
You may be able to put down less than the total down payment amount of $59,008 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Frequently asked questions
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #t3527159